Home / Auditor changes / TEN Holdings, Inc.
Filed 2025-05-20 路 Form 8-K 路 Accession 0001641172-25-011547 nano
Price before filing: $9.19 (2025-05-19 close, split/dividend-adjusted)
Market cap at flag: $13.5M (2025-05-20) 路 Latest: $2.1M (2026-10-16)
| Window | XHLD | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -28.8% | +0.2% | -29.0% | 2025-06-20 |
| 90 days | -45.5% | +8.5% | -54.0% | 2025-08-18 |
| 180 days | -67.7% | +12.5% | -80.2% | 2025-11-17 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider bought $12K (5 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-02-27 | Price David Richard Director | Purchase | 400 | $1.26 | $504 | no | Form 4 |
| 2025-02-27 | Price David Richard Director | Purchase | 2,600 | $1.23 | $3K | no | Form 4 |
| 2025-02-28 | Price David Richard Director | Purchase | 1,500 | $1.23 | $2K | no | Form 4 |
| 2025-03-03 | Price David Richard Director | Purchase | 1,500 | $1.26 | $2K | no | Form 4 |
| 2025-03-12 | Price David Richard Director | Purchase | 10,000 | $0.49 | $5K | no | Form 4 |
| 2025-05-20: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-19 to 2025-06-19. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"On May 14, 2025, the audit committee (the "Audit Committee") of the board of directors of TEN Holdings, Inc., a company formed under the laws of Nevada (the "Company"), approved the dismissal of Grassi & Co., CPAs, P.C. ("Grassi") as the Company's independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: dismissed
Disagreements reported: no
Former auditor: Grassi & Co., CPAs, P.C. · New auditor: Assentsure PAC
Why this score: also within 90 days: Going-concern doubt
Read the original filing on SEC.gov →
🔔 Get email alerts for this company
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.